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PCB | March 06, 2006

Spanish PCB producer enters india

Spanish based Printed Circuit Board maker CIPSA Circuits is investing approximately 12 MEUR in an Indian venture named CIPSA-RIC India Ltd.

The new Indian company is situated in Bangladore and will employ more than 400 people. Production will start during next month. Evaristo Michavila, chief executive told EE Times that increasing costs in Europe and economic evolution in the East, made the company looking for ways to cooperate with companies in Southeast Asia.
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